Murrey Blows "Expert's" Minds
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Murrey Makes Future Predictions at AAPTA Meeting:
Murrey makes future predictions at AAPTA Meeting: Fort Worth, TEXAS April 13,2007 to (25) geniuses of Indicators
Murrey was invited by the Board of directors of the AAPTA to let them "see" the (only) new Logic Based Math: Fractal Formula "presented" to the Investing Technical Arena since 1920 when Gann confused everyone by forcing them to start a 100% false premise: all random market extremes on highs or lows are (exact) reverses, not panic sell offs or good feelings about markets selling at 1,400 to one earnings ratio as they did March 17 2000.
Murrey was the 1st to speak and he said: "There are no random market reverses since Oct. 09 1942."
The crowd of (25) Indicator geniuses were livid.
Murrey told the group: "the S&P 500 is getting near 1,500 soon, so you can predict every reverse (up to) (17) off 1,500.
They wanted to know how it could be done.
Bijan stood up and said: "Don't make predictions let the software do it, like you did in Oct. 09 1999 in Beverly hills, California when you called the (exact) high reversal the 1st time up at 1,468.75 off your birthday on Oct.. 09 1999 when it was at 1,434.75."
Murrey smiled and thanked him for remembering these past charts (exactly) from 1999, when we are trading in the same charts today: Greenpeace Traders Recycle past Charts: save the paper ride Secretariat: 1972.
They asked Murrey how it could predict the future reverses?
Murrey said: Take 10 plus (5) and add them together and arrive at 15.
5 x 3 = 15: move the decimal over two and you have 1,500. it will be the future balance point MM 4/8th of each MM 15.625 points above or below 1,500. 3.90625 will be each MM 1/8th.
Murrey told the crowd of geniuses the worst news they could ever hear: "Markets don't reverse off the extremes as you were shamed to believe, but are recoiling on either side of the MM 4/8th, so they know to reverse off + 3/8th or - 3/8th or + 5/8th or - 5/8th moves from it Harmonic Balance price point."
Bijan stood and hollered out: "Wait just a minute, I am the one who told you in 1999 the MM 7/8th was the best place to go short." The (25) geniuses were really pissed to see Murrey and Bijan agreeing on MM. Bijan said: "Don't tell us how to predict future market reverses, we don't do it and we are not here for that, we just want to know how your software works."
Murrey said: "I coach market investors to watch the VIX Index and the (exact) MM Trading Line and find it the VIX is on a MM 1/8th Yellow or 7/8th Yellow and we know we are ready for a small reverse (at least)."
This group was confused since Murrey never placed any (late) Indicators in his software program.
Murrey told the group of (25) genius investors he instructed his students to look at (only) VIX, TRIN, ADV- DEC and TICK set to MM Trading lines, plus Murrey's (4) exact Binary Bands and don't look at John Dillinger's shot gun bands, which cost you too wide a stops and you can't make up enough profits to pay off the "losers."
May 2006: CBOE
Education Department:
Approved by Mr. James Batman, PHD, MBA and has written two books on trading and options
Murrey "presents" VIX, Trin, ADV-DEC and Tick to class so you can quit using Indicators which are late.
The group of (25) geniuses got together just after lunch and had a secret meeting: they came back and refused to believe any two markets were anything but random in their reverses.
Murrey asked them what they had most of their monies in, but he already knew it was Bonds.
Murrey pulled their minds (legs) by baiting them and let them talk for 30 minutes about how no one or no exact formula could record exact reverses of any market. Murrey had them by the short stares from across the room.
Murrey pulled up a chart of the 30 Year Bonds and the (raw) Interest Rates.
They hollered: "Foul play; you set us up."
They looked at the US 30 Year Bonds: MM - 2/8th = 104.6875.
They looked at (raw) Interest Rates: MM 0/8th = 4.6875%
The ratio of these two markets was exactly 1:16 and every reverse in Interest Rates signaled a reverse in the US 30 Year Bonds with no words or conversation over the Internet "taprooms of gossip."
The US 30 Year Bonds reversed (exactly) off Murrey's 7/8th and Murrey's - 1/8th which was down exactly - 8/8th.
What kind of a fool would make a fool of Murrey (Math)?
Show your friends how these markets are reversing off random numbers!
After lunch the group asked Murrey to show them how: 1) Soybeans, S&P 100 or Gold could be running to the same numbers. Murrey smiled and obliged with more proof (charts) set to MM Trading lines, hoping they would reverse off the same Yellow MM lines. What were the odds Murrey would lose? Don't bet against the man.
Gold: Soybeans and S&P 100 were trading on the same lines: MM 0/8th 625 to MM 8/8th 687.50 or MM 0/8th at 500.00 and MM 8/8th at 750.00. How could anyone see these reverses as "random guess?"
The group broke off into another "secret" meeting to find out from the different board members who were experts at finding knock-off versions of MM Trading Lines to secure it without Murrey knowing: why pay for knowledge when you can download it free off the Internet? They were thrilled to "steal" others' work for free.
Everyone was happy after they found out how to get it free: is more fun; it costs money to fly to Fort Worth, Texas for another three days of late Indicators and Tartly percentages no one uses or understands.
25 geniuses couldn't figure out Bartley Percentages in 25 years.
The group listened for over one hour and not one person asked a question or looked interested to know.
No one stole the Bartley Software since he offered to let you steal it for free. Who requested it?
Snake Oil is sold and bought by "snakes" in the pulpit from Tennessee Snake handler preachers (religion).
Bijan sent Murrey an E Mail saying his comments were equal to a snake oil salesperson who kept saying Murrey Math works, when everyone had already downloaded the knock-off versions. Murrey loves it when more traders join his team of winners; it makes our reverses more dependable, thanks.
Murrey has (3) Hedge Fund Managers flying to Tennessee for "snake oil" anointing by Murrey's Holy Smokies."
You must laugh at yourself at your "current" age against what you looked like at (17). were you so sure you knew all markets would (not) be random your entire life?
Each generation cleans out the trash of the last errors of intent; are we running out of time to repent?
Relax up and don't ever change anything except your back swing or the way you Putt.
Golf Question: Would you have gone for the pin on (17) to win, or would you have gone for the pay check?
Remember the 30 million people are watching you think: random money or (exact) name on the trophy.
If you got paid for just coming close with random guess who cares who is the best at anything?
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